YEARLY HIGH
0.0964 NOK
YEARLY LOW
0.0858 NOK
YEARLY AVERAGE
0.0906 NOK

2024 VUV to NOK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the VUV to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 19, valuing the pair at 0.0964. Conversely, the yearly low was recorded on January 1, dropping to 0.0858.

This high-to-low spread represents a total annual volatility of 0.0106 NOK. From a start-to-finish perspective, comparing the January average rate of 0.0876 to the December average rate of 0.0946, the exchange rate registered a net change of 8.00% (reflecting a strengthening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0964 was up 1.95% compared to the 2023 peak of 0.0945, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 VUV based on timing:

Yearly Peak High 482 NOK
2023 Average 445 NOK
Yearly Trough Low 429 NOK
Transaction Impact: A difference of 52.91 NOK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0953
0.0869
JanuMarcMayJulySeptNove

VUV to NOK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0896, compared to 0.0915 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0019 points.

H1 Avg (Jan–Jun) 0.0896
H2 Avg (Jul–Dec) 0.0915

Volatility Range Comparison

Volatility

The most volatile month in 2024 was May, with a trading range of 0.0046 NOK (High: 0.0929 / Low: 0.0883). On the other end, February was the most stable month, with a tight range of 0.0022 NOK (High: 0.0901 / Low: 0.0879).

May Spread (Volatile) ±0.0046
February Spread (Stable) ±0.0022

Growth Streaks & Declines

Trends

Between January and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between April and May, when the average rate fell by 0.0014 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0014

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (December 2024: 0.0946) against the same month in 2023 (average: 0.0886), the exchange rate shifted by +0.0060 (+6.80%).

2024 Avg (December) 0.0946
2023 Avg (December) 0.0886

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0887 0.0858 0.0876
February 0.0901 0.0879 0.0889
March 0.0914 0.0876 0.0894
April 0.0937 0.0899 0.0919
May 0.0929 0.0883 0.0905
June 0.0903 0.0880 0.0894
July 0.0929 0.0887 0.0909
August 0.0926 0.0881 0.0901
September 0.0915 0.0876 0.0894
October 0.0926 0.0891 0.0912
November 0.0939 0.0916 0.0931
December 0.0964 0.0930 0.0946